The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
The brokerage firm slashed its PBYI price target by 67%Goldman Sachs downgraded Puma Biotechnology Inc (NASDAQ:PBYI) stock to "sell" from "neutral," and slashed its price target to $8 from $24 -- a 20.6% discount to last night's close. The brokerage firm expressed concern over slowing Nerlynx sales growth, and said the potential risk from Seattle Genetics' (SGEN) breast cancer treatment is "undera...Read More
Nio's third-quarter deliveries grew by 35.1% The shares of electric car maker Nio Inc (NYSE:NIO) are way higher this morning, after the firm's third-quarter deliveries report came in better than expected. Specifically, NIO said it delivered 4,799 vehicles in the third quarter -- a 35.1% boost from the previous quarter -- citing expedited shipments prior to China's national holiday. At last check N...Read More
U.S. stock futures are sharply below fair valueFutures on the Dow Jones Industrial Average (DJI) are pointing to another down day on Wall Street. Cautious trading looks set to continue ahead of U.S.-China trade talks this week, with S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures also pointing to a sharp pullback at the open, after the Trump administration blacklisted more Chinese companie...Read More
The S&P 500 just broke an unusually long-term streak above its 160-day moving averageThe featured commentary in our October issue of The Option Advisor was well-timed, as it was just this last Wednesday, Oct. 2, that the S&P 500 Index (SPX) finally snapped a winning streak of historically rare proportions above its 160-day moving average. Following 143 consecutive daily closes above this under-the...Read More
Officials started two days of negotiations on Monday, with high-level talks involving Chinese vice premier Liu He, US trade representative Robert Lighthizer and treasury secretary Steven Mnuchin scheduled for Thursday, Bloomberg reported.European and Australian market indices had closed higher yesterday while US and Asian markets closed lower.China meanwhile has reportedly added more than 100 tonn...Read More
(IDEX Online) - SCS Global Services (SCS) has announced the launch of a pilot program to audit and analyze the sustainability of lab grown diamonds. SCS is a third-party certifier and standards developer that has been retained by the Lab Grown Diamond Council to create an independent "product" sustainability certification standard for diamonds."The pilot audits mark an important step in the proces...Read More
(IDEX Online) - The Diamond Empowerment Fund will distribute grants totaling $470,000 to nine beneficiaries on three continents. The grants will support girls' education, entrepreneurship, youth empowerment and higher education opportunities.This year for the first time, a grant is being given to a program for girls in high school at the Ambaba Girls School in Surat, India. The program focuse...Read More
(IDEX Online) - The Diamond Producers Association (DPA) has launched its new Real is Rare, Real is a Diamond campaign. Called "The Diamond Journey," it follows the journey from discovery to a finished 2-carat engagementThe DPA says that besides themes of love and romance, the campaign highlights the heirloom quality of diamonds to encourage consumers to understand the legacy of diamonds. This camp...Read More
Members of the World Diamond Council (WDC) assembled in Antwerp, Belgium, on October 2 and 3, for the organisation’s annual general meeting (AGM), where proceedings were dominated by discussions about the pending conclusion of the Kimberley Process’ review and reform process, and the related call by the WDC and others that the scope of the Kimberley Process Certification Scheme (KPCS)...Read More
MOSCOW – The former head of a Siberian diamond mine owned by Alrosa where eight men were killed in a flood two years ago was found dead in a pre-trial detention centre on Tuesday, a day after he was arrested, Russian investigating authorities said.A regional branch of the federal Investigative Committee said there were indications the death of Alexey Burkser at the centre in the remote Yakut...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedThe future of mining is (still) peopleSPONSOREDproudfootUnder the agreement, Eloro will conduct an exploration and development over four-years after signing a definitive agreem...Read More
You hear it all the time from Dr. Oz and other medical gurus: Eat more fruits and veggies.And the USDA recommends five to nine servings each day to help reduce the risk of heart attack, stroke, cancer, and early death.An analysis from the School of Public Health at Imperial College London shows that participants who had 10 servings - 28 ounces - daily experienced a:24% reduced risk of heart diseas...Read More
In 2020, the Canadian Mining Hall of Fame will welcome four new inductees: P. Jerry Asp, Alex G. Balogh, Hans T.F. Lundberg and Eberhard (Ebe) Scherkus. The thirty-second annual induction dinner will take place on the evening of Jan. 9, 2020, in Constitution Hall at the Metro Toronto Convention Centre.The Northern Miner is a cofounding sponsor of the Hall of Fame, along with the Canadian Institute...Read More
This week's episode features a full-length interview with Rock Tech Lithium CEO Martin Stephan on the lithium market and its major driving forces. Topics include supply and demand, extraction techniques, and where it's all heading.Rock Tech Lithium CEO Martin StephanMr. Stephan is a manager and investment advisor with 25 years of experience with investments in natural resources. While focusing p...Read More
Eyeing its first major operations investment outside of Africa, platinum group metals (PGM) producer Impala Platinum Holdings has struck a friendly deal to buy Canadian pure-play palladium producer North American Palladium (TSX: PDL; US-OTC: PALDF) in an all-cash transaction valued at $1 billion.The proposed takeover gives Implats the Lac des ??les palladium mine, located 100 km northwest of Thund...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedThe future of mining is (still) peopleSPONSOREDproudfootSince early August, the price is down by almost another 40%, which means we have a company with a market capitalisation...Read More
JOHANNESBURG (miningweekly.com) – South Africa is one of the world’s top three mega biodiverse nations along with Brazil and Indonesia, said Environment, Forestry and Fisheries Minister Barbara Creecy in her address to the Oppenheimer Research Conference (ORC).“We are thus one of the richest countries in terms of the diversity of plants and animals both marine and terrestria...Read More
Publisher's Note: Today we turn to Mr. James Dines for his latest take on the gold market, which has found a lot of resistance around $1,500 per ounce. However, if you look outside of the U.S.A., the price of gold is on a whole different trajectory.Read on for his insights from the latest issue of The Dines Letter.To your wealth,Nick Hodge Outsider Club Founder and PresidentThere is no connectio...Read More
The year is 1921...America is less than three years removed from triumph on the Western Front. The twenties are set to roar... and the Jazz Age is in swing.Warren Gamaliel Harding sits at the presidential desk. And the nation is sunk in depression...U.S. industrial production plunged 31% between 1920 and 1921. Stock prices plummeted 46%. And corporate profits, a crushing 92%.Unemployment ran as hi...Read More
Range bound trade in gold and silver should be broken this week and a new range should be formed. There will be good demand in gold as long as it trades over $1480. There will be good demand in silver as long as it trades over $1680. Copper, zinc and nickel are poised for a ten percent one way move. Industrial metal price moves will be dependent on perception of recession among traders. Chinese...Read More